31 Mar 2020

MBK Real Estate Asia Pte. Ltd’s disposal of 25% equity stake in Ascendas Fusion 5 Pte. Ltd

Partners Evelyn Wee, Elsa Chai, Lina Chua and Cynthia Wu from Rajah & Tann Singapore acted for MBK Real Estate Asia Pte. Ltd. in the disposal of its 25% equity stake in Ascendas Fusion 5 Pte. Ltd., which in turn owns the property 1 Fusionopolis Place in Singapore, to Ascendas Real Estate Investment Trust, for approximately S$102.9 million.